Ritchie Bros sells largest all terrain crane ever: Terex Demag AC700

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“We specialize in the rental of heavy-tonnage cranes and this was the opportunity to acquire quality cranes at fair market value,” said Miguel Angel Ibisate, General Man ager of Gruas Ibisate SL, a Vitoria-Gasteiz-based crane rental company with more than 50 years of experience in the rental and transport of lifting and material handling equipment. “We have bought and sold equipment at past Ritchi e Bros. auctions and have always found this to be a channel that fits our needs to sell and realign our fl eet or acquire new equipment – like today – when it is necessary. We also find the Ritchie Bros. team to be professional and trustworthy.”

“We had two exciting days at our auction sites in Ocaña and Moncofa last week,” said Valero Serentill, Regional Sales Manager, Ritchie Bros. Auctioneers.
“We welcom ed a large and diverse crowd of online and on-site bidders, which created a strong competitive biddi ng environment here in Spain. Excite ment peaked when the selection of mobile cranes was sold on the second day of the auction, with bidder activity from North and South America as well as the far East. One key auction highlight was when the Terex Demag AC700 received the highest bid ever placed on an all terrain crane at a Ritchie Bros. auction ever!”

Other crane highlights from last week’s un reserved public auction in Spain included:
– A 2008 Faun ATF90G4 90 Ton 8x8x8 all terrain crane that sold for €400,000
– A 2007 Faun ATF110G5 110 Ton all terrain crane that sold for €510,000
– A 2007 Faun ATF220G5 220 Ton all terrain crane that sold for €675,000
– Two 2007 Faun ATF65G4 65 Ton 8x6x8 all te rrain cranes that sold for €270,000 each
– 2004 Liebherr LTM1045-3.1 45 Ton all terrain crane that sold for €180,000
– 2005 Liebherr LTM1030-2.1 30 Ton 4x4x4 all terrain crane that sold for €122,500

“The crane and other industrial equipment line-up from la st week’s auction shows the continuing confidence of crane and other equipment owners in Ritchie Bros. unrese rved public auctions and our ability to reach the widest audience of interested bidders on auction day,” added Mr. Serentill. The next Ritchie Bros. unreserved publ ic auction in Spain will be another simulcast event to be held at the Company’s permanent auction sites in Ocaña and Moncofa in September. For information on how to consign equipment to the upcoming Ocaña/Moncofa unreserved publ ic auction in September, call the Ritchie Bros. permanent auction sites in Ocaña (+34.925.157. 580), Moncofa (+34.964.580.559) or visit www.rbauction.com

The Ritchie Bros. auction calendar currently features more than 90 unreserved public auctions around the world, including auctions featuring large selections of cranes in Moerdijk, The Netherlands (June 13 & 14); St. Aubin sur Gaillon, France (June 18); Houston, Texas (Jun e 19 & 20) and Minneapolis, Minnesota (June 27). Visit www.rbauction.com for a complete list of upcoming auctions.

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